OPPORTUNITY ZONED! Well maintained charming Spanish style 4 plex in Koreatown on a quiet tree lined street. Good mix of Large 2 bedrm and 1 bedrm units which have potential to renovate to even 3 bedrms and 2 bedrms each by reorganizing the generous 1,173 SF space per unit. Laundry rm area available in each unit, separately metered, with plenty of parking spaces for the tenants. This property is also great for TIC developers. Homey street, Property with beautiful bones, centrally located and comes with great lot size with ample parking! It is the perfect opportunity for owner-user or investor looking for value add. Massive 7,000 sq ft lot also calls for all developers attention! Clean R3-1 lot NOT in Specific Plan Area, with potential to build 9 units by right and up to 15 units using TOC Tier 3 guidelines. Located right in between Beverly Hills & DTLA, especially at the heart of vibrant Koreatown that has one of the lowest vacancy rates in the County.
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